Putin urges to build up practices to absorb greenhouse gas emissions

Russia recently made a decision to implement a new program of raising the economy’s energy efficiency through 2035 to become a key element for the country to turn carbon neutral no later than 2060.
Cutting greenhouse gas emissions is not enough and it is necessary to build up the practices of absorbing them and Russia has big potential for that, Russian President Vladimir Putin said at a G20 summit via a videoconference on Sunday.
"Let me also stress that it is not sufficient, in our view, simply to reduce emissions to cope with the problem of global warming. It is necessary to build up the practices of absorbing greenhouse gases and in this regard Russia, like some other countries, has huge potential," the Russian leader stressed.
As Putin specified, he meant the absorbing potential of forests, tundra, agricultural lands, seas and swamps. "In order to tap the available potential in full, we are planning to considerably raise the quality of forest management, increase forest recovery areas, expand the territories of pristine nature and introduce new agricultural agro-technologies," the Russian president specified.
Russia recently made a decision to implement a new program of raising the economy’s energy efficiency through 2035 to become a key element for the country to turn carbon neutral no later than 2060, he pointed out.
At the same time, Russia has publicly announced that it is undertaking this commitment. Moreover, it seeks not simply to achieve its carbon neutrality but to ensure that in the next three decades the accumulated amount of net greenhouse gas emissions in the country is less than, for example, in some EU states, Putin said.
"This is a task that we can quite cope with," the Russian leader said.
‘We also expect to build long-term plans with all partners and implement them as priorities in the energy sector on the principles of technological neutrality, objectively taking into account the carbon footprint of various types of power generation," Putin said, adding that the solar energy carbon footprint was four times greater than in nuclear power engineering, according to scientific data.
"It is important to focus the international community’s efforts primarily on the most efficient environmental projects. In our view, experts could draw up a rating of such projects in terms of the efficiency of greenhouse gas cuts per each invested dollar," the Russian leader suggested.
The Russian president did not rule out that the initiatives included in this rating that stipulated, in particular, measures to preserve forests in Russia and in Latin America would turn out to be more efficient than investments in renewable energy in some countries.



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